AIC Mines to Ramp Up Development of Queensland Copper Project

MT Newswires Live

2025/11/19

AIC Mines (ASX:A1M) Chairman Josef El-Raghy said development at the Jericho copper project is expected to ramp up to achieve a combined production rate from the Eloise copper project and Jericho, both in Queensland, of 1.1 million tonnes per annum (tpa) by December 2026, according to a Wednesday Australian bourse filing.

The Jericho access drive is expected to cross the J1 Lens in December and reach the Jolly shoot by March 2026.

The expanded Eloise processing plant, with a capacity of 1.1 million tpa, is expected to start commissioning in the December 2026 quarter, per the filing.

AIC Mines' shares fell a little over 1% in recent trading on Wednesday.

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